PRINCIPLES OF REAL ESTATE 1
COMPREHENSIVE EXAM 2026 FULL
QUESTIONS AND SOLUTIONS GRADED A+
◉ Does a person who manages, buys, sells, leases, or rents their own
property have to be licensed through TREC? Answer: No.
◉ There are two types of licenses: Answer: broker's and salesperson's
license
◉ What is the most popular division of the real estate market? Answer:
Residential real estate because there are more transactions in residential
in other forms of real estate.
◉ Residential brokerage involves: Answer: helping a person buy or sell
a house, condo, or duplex. Agents must be knowledgeable in finance,
real estate law, and contracts.
◉ Apartment locators: Answer: are involved in residential real estate and
must have a real estate license.
,◉ Farm Brokerage: Answer: involves the sale of a home as well as a
business including a farm. Ag business experience. Typically in small
towns.
◉ Property managers: Answer: manage residential or commercial
properties and maybe be required to have a real estate license.
◉ Types of careers in real estate: Answer: Farm brokerage, finance, real
estate instructor, apartment locators, residential, property management,
appraisal, inspection, finances, education, full time investigating.
◉ Does an appraiser require a RE license? Answer: No. Appraisers
gathers information about property and determines the value of the
property.
◉ Does an inspector have to maintain a RE license? Answer: Yes,
inspects property and makes a report of the property condition. Home is
inspected during the option period of the contract.
◉ Loan officer: Answer: works in finance, with buyers and lenders is a
mortgage broker and must have a loan officer's license. Loan officer
arranges financing for buyer.
,◉ Is a real estate instructor required to have a license? Answer: No, the
instructor must prove to TREC that they are qualified in the subject that
they are teaching.
◉ Is a full time investor required to have a RE license? Answer: No as
long as that person is buying and selling for themselves. If they are
helping someone else they have to be licensed.
◉ 1949 was the year that TREC was created. T of F? Answer: True
◉ Real Estate Licensing act or 'TRELA' is administered by the TX Real
Estate Commission. How many members is the commission made of?
Answer: 9 members in total. 6 brokers and 3 are members of the public.
◉ How many years are appointees terms for TREC for? Answer:
appointed by the governor for 6 year terms.
◉ What education is required to obtain for a salesperson license?
Answer: Complete education requirement from TRELA. 12 semester
hours, or equivalent classroom 180 hours of postsecondary education
consisting of 4 hours on principal of real estate, 2 semester hours of
agency law, contract forms, and real estate finance. Then take test.
◉ What is the TRELA test made of? Answer: 110 questions. National
portion is 80 questions, 30 Texas questions.
, ◉ How to you apply for a broker's license? Answer: must be licensed in
TX for 4 years of the previous last 60 months. Applicant must complete
60 semester hours, or 900 classroom hours or postsecondary education.
These hours must include 18 semester hours or 270 real estate courses. 2
semester hours must be in real estate brokerage. Remaining 42 hours can
be core RE classes. Must also accumulate at least 3600 points to qualify
for broker's license based on experience. Must be during last 5 years.
◉ What law governs many of the questions in the TRE licensing exam?
Answer: Texas Real Estate Licensing Act, Chapter 1101 Real Estate
Brokers and Salespersons
◉ Sec 1101.001 Short Title. Answer: this is sited as The Real Estate
License Act
◉ 1101.002 defines broker as. Answer: a person who, in exchange for
commission, performs for another person:
-sells, exchanges, purchases, or leases real estate.
◉ 1101.002 defines 'salesperson' as. Answer: a person who is associated
with a licensed broker for purposes of performing acts mentioned in
subdivision 1
COMPREHENSIVE EXAM 2026 FULL
QUESTIONS AND SOLUTIONS GRADED A+
◉ Does a person who manages, buys, sells, leases, or rents their own
property have to be licensed through TREC? Answer: No.
◉ There are two types of licenses: Answer: broker's and salesperson's
license
◉ What is the most popular division of the real estate market? Answer:
Residential real estate because there are more transactions in residential
in other forms of real estate.
◉ Residential brokerage involves: Answer: helping a person buy or sell
a house, condo, or duplex. Agents must be knowledgeable in finance,
real estate law, and contracts.
◉ Apartment locators: Answer: are involved in residential real estate and
must have a real estate license.
,◉ Farm Brokerage: Answer: involves the sale of a home as well as a
business including a farm. Ag business experience. Typically in small
towns.
◉ Property managers: Answer: manage residential or commercial
properties and maybe be required to have a real estate license.
◉ Types of careers in real estate: Answer: Farm brokerage, finance, real
estate instructor, apartment locators, residential, property management,
appraisal, inspection, finances, education, full time investigating.
◉ Does an appraiser require a RE license? Answer: No. Appraisers
gathers information about property and determines the value of the
property.
◉ Does an inspector have to maintain a RE license? Answer: Yes,
inspects property and makes a report of the property condition. Home is
inspected during the option period of the contract.
◉ Loan officer: Answer: works in finance, with buyers and lenders is a
mortgage broker and must have a loan officer's license. Loan officer
arranges financing for buyer.
,◉ Is a real estate instructor required to have a license? Answer: No, the
instructor must prove to TREC that they are qualified in the subject that
they are teaching.
◉ Is a full time investor required to have a RE license? Answer: No as
long as that person is buying and selling for themselves. If they are
helping someone else they have to be licensed.
◉ 1949 was the year that TREC was created. T of F? Answer: True
◉ Real Estate Licensing act or 'TRELA' is administered by the TX Real
Estate Commission. How many members is the commission made of?
Answer: 9 members in total. 6 brokers and 3 are members of the public.
◉ How many years are appointees terms for TREC for? Answer:
appointed by the governor for 6 year terms.
◉ What education is required to obtain for a salesperson license?
Answer: Complete education requirement from TRELA. 12 semester
hours, or equivalent classroom 180 hours of postsecondary education
consisting of 4 hours on principal of real estate, 2 semester hours of
agency law, contract forms, and real estate finance. Then take test.
◉ What is the TRELA test made of? Answer: 110 questions. National
portion is 80 questions, 30 Texas questions.
, ◉ How to you apply for a broker's license? Answer: must be licensed in
TX for 4 years of the previous last 60 months. Applicant must complete
60 semester hours, or 900 classroom hours or postsecondary education.
These hours must include 18 semester hours or 270 real estate courses. 2
semester hours must be in real estate brokerage. Remaining 42 hours can
be core RE classes. Must also accumulate at least 3600 points to qualify
for broker's license based on experience. Must be during last 5 years.
◉ What law governs many of the questions in the TRE licensing exam?
Answer: Texas Real Estate Licensing Act, Chapter 1101 Real Estate
Brokers and Salespersons
◉ Sec 1101.001 Short Title. Answer: this is sited as The Real Estate
License Act
◉ 1101.002 defines broker as. Answer: a person who, in exchange for
commission, performs for another person:
-sells, exchanges, purchases, or leases real estate.
◉ 1101.002 defines 'salesperson' as. Answer: a person who is associated
with a licensed broker for purposes of performing acts mentioned in
subdivision 1
